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Exhibit 3.2
The following questions are based on this problem and accompanying Excel windows.
The Byte computer company produces two models of computers, Plain and Fancy. It wants to plan how many computers to produce next month to maximize profits. Producing these computers requires wiring, assembly and inspection time. Each computer produces a certain level of profits but faces only a limited demand. There are also a limited number of wiring, assembly and inspection hours available in each month. The data for this problem is summarized in the following table.
-Refer to Exhibit 3.2. Which cells should be changing cells in this problem?
Industry Guides
Interpretations of consumer laws created by the FTC to encourage businesses to stop unlawful behavior.
FTC
The Federal Trade Commission, a U.S. government agency responsible for preventing anticompetitive, deceptive, and unfair business practices.
Corrective Advertising
Advertising in which a company explicitly states that formerly advertised claims were untrue. Also called counteradvertising.
Cease and Desist Order
A legal order issued by a court or government authority to stop allegedly illegal activities.
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